MDCDC INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MDCDC INC (EIN 81-0729268)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-13
- IRS object ID
- 202023189349301952
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-13T08:45:37-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 274080201 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 POPLAR AVENUE THIRTIETH FLOOR | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38137 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810729268 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MDCDC INC DBA | BusinessNameLine1Txt |
| Business Name Line2 | MEMPHIS MEDICAL DISTRICT COLLABORATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MDCD | BusinessNameControlTxt |
| Phone | 9015524781 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 656 MADISON AVENUE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS PACELLO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9017302521 | PhoneNum |
| Signature | 2020-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHY PENNELLA | PreparerPersonNm |
| PTIN | P01278862 | PTIN |
| Phone | 9016855575 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | THOMAS PACELLO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 656 MADISON AVENUE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,904,971 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MDCOLLABORATIVE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION'S PURPOSE IS TO MAKE THE MEMPHIS MEDICAL DISTRICT MORE LIVABLE, ECONOMICALLY PROSPEROUS, CLEAN AND SAFE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Volunteers | 200 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,203,946 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,882,335 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,747 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,357 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,730 | PYOtherRevenueAmt |
| CY Other Revenue | $9,279 | CYOtherRevenueAmt |
| PY Total Revenue | $4,214,423 | PYTotalRevenueAmt |
| CY Total Revenue | $3,904,971 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $287,931 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $399,615 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $852,369 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $908,489 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $96,564 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,177,870 | PYOtherExpensesAmt |
| CY Other Expenses | $2,360,812 | CYOtherExpensesAmt |
| PY Total Expenses | $3,318,170 | PYTotalExpensesAmt |
| CY Total Expenses | $3,668,916 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $896,253 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $236,055 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,942,579 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,723,958 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,171,393 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $716,717 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,771,186 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,007,241 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MEMPHIS MEDICAL DISTRICT COLLABORATIVE IS A COMMUNITY DEVELOPMENT ORGANIZATION WORKING WITH PARTNERS TO STRENGTHEN THE COMMUNITIES IN THE MEMPHIS MEDICAL DISTRICT SO THAT THEY ARE MORE LIVABLE, VIBRANT, AND SAFE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,268,505 | ExpenseAmt |
| Grant | $399,615 | GrantAmt |
| Desc | THE ORGANIZATION'S PURPOSE IS TO MAKE THE MEMPHIS MEDICAL DISTRICT MORE LIVABLE, ECONOMICALLY PROSPEROUS, CLEAN AND SAFE. THE ORGANIZATION WAS FORMED TO PROVIDE COMMUNITY DEVELOPMENT AND REVITALIZATION OF THE MEMPHIS MEDICAL DISTRICT AND SURROUNDING AREAS THROUGH REAL ESTATE DEVELOPMENT, ECONOMIC DEVELOPMENT, BUSINESS ATTRACTION, JOB GROWTH, ENHANCEMENT OF SAFETY AND SECURITY, CLEANING AND LANDSCAPING, MARKETING AND COORDINATION AMONG AREA INSTITUTIONS, ORGANIZATIONS, GOVERNMENT ENTITIES, BUSINESSES AND RESIDENTS. THERE WERE 33,720 - EMPLOYEES, STUDENTS, RESIDENTS AND BUSINESS BENEFITED. | Desc |
| Total Program Service Expenses | $3,268,505 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 99 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABBY MILLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9015524781 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 656 MADISON AVE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| DR KENNARD BROWN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR LEWIS REICH | ||||||
| CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DR BETTY SUE MCGARVEY | ||||||
| SEC/TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RICHARD SHADYAC JR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR REGINALD COOPWOOD | ||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DR TRACY HALL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR PITT HYDE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR DOUG MCGOWEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MS JENNIFER OSWALT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR SCOTT BLAKE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MR MICHAEL UGWUEKE | ||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| MR SAMMIE RIAR | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS PACELLO | ||||||
| PRESIDENT | 40.00 | $159,999 | $0 | $11,358 | Yes (X) | |
| ABBY MILLER | ||||||
| VICE PRESIDENT | 40.00 | $118,920 | $0 | $9,715 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $278,919 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $21,073 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLOCK BY BLOCK | |||||
| PO BOX 643873 | CINCINNATI | OH | 45264 | DISTRICT AMBASSADOR | $500,518 |
| U3 ADVISORS | |||||
| 1735 MARKET ST SUITE A-443 | PHILADELPHIA | PA | 19103 | CONSULTING SERVICES | $296,663 |
| FIFER & ASSOCIATES | |||||
| 1441 S PERKINS RD | MEMPHIS | TN | 38117 | STREETSCAPE WORK | $197,692 |
| MATA | |||||
| 1370 LEVEE RD | MEMPHIS | TN | 38108 | DISTRICT SHUTTLE | $118,312 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,570,215 | MembershipDuesAmt |
| All Other Contributions | $2,312,120 | AllOtherContributionsAmt |
| Total Contributions | $3,882,335 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,357 | TotalRevenueColumnAmt |
| Exclusion | $13,357 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,550 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,550 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,550 | TotalRevenueColumnAmt |
| Exclusion | $5,550 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,729 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,729 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,729 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,904,971 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,729 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $18,907 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,515 | TotalAmt |
| Program Services | $356,515 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,100 | TotalAmt |
| Program Services | $43,100 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $278,919 | TotalAmt |
| Program Services | $209,189 | ProgramServicesAmt |
| Management And General | $41,838 | ManagementAndGeneralAmt |
| Fundraising | $27,892 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,312 | TotalAmt |
| Program Services | $344,672 | ProgramServicesAmt |
| Management And General | $116,408 | ManagementAndGeneralAmt |
| Fundraising | $51,232 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,323 | TotalAmt |
| Program Services | $50,659 | ProgramServicesAmt |
| Management And General | $6,332 | ManagementAndGeneralAmt |
| Fundraising | $6,332 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,935 | TotalAmt |
| Program Services | $43,148 | ProgramServicesAmt |
| Management And General | $10,787 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,728 | TotalAmt |
| Program Services | $16,864 | ProgramServicesAmt |
| Management And General | $16,864 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,124 | TotalAmt |
| Program Services | $12,562 | ProgramServicesAmt |
| Management And General | $12,562 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,990 | TotalAmt |
| Program Services | $462,990 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,713 | TotalAmt |
| Program Services | $62,742 | ProgramServicesAmt |
| Management And General | $6,971 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,310 | TotalAmt |
| Program Services | $7,279 | ProgramServicesAmt |
| Management And General | $26,031 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,149 | TotalAmt |
| Program Services | $12,004 | ProgramServicesAmt |
| Management And General | $5,145 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,591 | TotalAmt |
| Program Services | $55,713 | ProgramServicesAmt |
| Management And General | $15,918 | ManagementAndGeneralAmt |
| Fundraising | $7,960 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,593 | TotalAmt |
| Program Services | $6,297 | ProgramServicesAmt |
| Management And General | $3,148 | ManagementAndGeneralAmt |
| Fundraising | $3,148 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,638 | TotalAmt |
| Program Services | $21,447 | ProgramServicesAmt |
| Management And General | $9,191 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,926 | TotalAmt |
| Management And General | $8,926 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,696 | TotalAmt |
| Program Services | $2,848 | ProgramServicesAmt |
| Management And General | $2,848 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM EXPENSES | $1,482,362 | $1,482,362 | |
| EVENT EXPENSE | $67,287 | $67,287 | |
| DUES & SUBSCRIPTIONS | $19,126 | $19,126 | |
| PAYROLL PROCESSING FEES | $8,231 | $6,584 | $1,647 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,348 | TotalAmt |
| Program Services | $4,243 | ProgramServicesAmt |
| Management And General | $105 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,668,916 | TotalAmt |
| Program Services | $3,268,505 | ProgramServicesAmt |
| Management And General | $303,847 | ManagementAndGeneralAmt |
| Fundraising | $96,564 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,895 | BOYAmt |
| EOY | $1,209,705 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,744,983 | BOYAmt |
| EOY | $1,866,498 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $349,334 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,800 | BOYAmt |
| EOY | $14,200 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $67,520 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $39,699 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,501 | BOYAmt |
| EOY | $27,821 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $250,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,400 | BOYAmt |
| EOY | $6,400 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,942,579 | BOYAmt |
| EOY | $3,723,958 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,661 | BOYAmt |
| EOY | $87,098 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,035 | BOYAmt |
| EOY | $477,619 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,000 | BOYAmt |
| EOY | $152,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $697 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,171,393 | BOYAmt |
| EOY | $716,717 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,771,186 | BOYAmt |
| EOY | $2,710,121 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $297,120 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,771,186 | BOYAmt |
| EOY | $3,007,241 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,942,579 | BOYAmt |
| EOY | $3,723,958 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $236,055 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3,399,562 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,659,015 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,203,946 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,971,592 | CurrentTaxYearAmt |
| Total | $15,234,115 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3,399,562 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,659,015 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,203,946 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,971,592 | CurrentTaxYearAmt |
| Total | $15,234,115 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,593,661 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,640,454 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $134 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,982 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,477 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $97,636 | CurrentTaxYearAmt |
| Total | $131,229 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,115 | CurrentTaxYearMinus2YearsAmt |
| Total | $2,115 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,367,459 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $185,000 | BeginningBalanceAmt |
| Distributions During Year | $33,000 | DistributionsDuringYearAmt |
| Ending Balance | $152,000 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,520 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,699 | DepreciationAmt |
| Book Value | $27,821 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $27,821 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN JOINT VENTURE - NORTH POPLAR | Desc |
| Book Value | $250,000 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $250,000 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $4,134,228 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $154,257 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $75,000 | OtherRevenueAmt |
| Revenue Not Reported | $229,257 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,904,971 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,904,971 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,898,173 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $154,257 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $75,000 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $229,257 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,668,916 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,668,916 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ORGANIZATION SERVES AS THE FISCAL AGENT FOR THE LIVE LOCAL PROGRAM ALONG WITH FOUR OTHER ORGANIZATIONS. THE ORGANIZATION WILL ADMINISTER FUNDS FOR THIS PROGRAM IN A FIDUCIARY CAPACITY FOR THE BENEFIT OF THE OTHER ORGANIZATIONS. THE AGREEMENTS PROVIDED FOR FUNDS UP TO $290,000. AS OF DECEMBER 31, 2019, $138,000 WAS PAID IN ACCORDANCE WITH THE TERMS OF THE AGREEMENT AND AN ADDITIONAL $152,000 IN FUNDING WAS AVAILABLE AS OF DECEMBER 31, 2019. THE LIVE LOCAL PROGRAM PROVIDES LOANS FOR QUALIFIED STUDENTS OR EMPLOYEES OF PARTICIPATING ORGANIZATIONS FOR THE PURCHASE, RENTAL, OR RENOVATION OF HOMES IN THE MEDICAL DISTRICT. THE LOANS ARE FORGIVABLE OVER A FIVE YEAR PERIOD AND IF FUNDS ARE NOT USED FOR THE PURPOSE, THEY MUST BE RETURNED TO THE PARTICIPATING ORGANIZATIONS |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | MISCELLANEOUS INCOME REPORTED AS EXPENSE |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | MISCELLANEOUS INCOME REPORTED AS EXPENSE |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| ANCHOR INVESTMENTS | ||||||
| 2926 FOSTER CREIGHTON DRIVE | NASHVILLE | TN | 37204 | $5,000 | REAL ESTATE | |
| CIELO INC DBA MILLIE FONTAINE LOUNGE | ||||||
| 679 ADAMS AVE MEMPHIS | MEMPHIS | TN | 38105 | $10,000 | PRE-DEVELOPMENT | |
| JONES URBAN DEVELOPMENT | ||||||
| 516 TENNESSEE ST SUITE 123 | MEMPHIS | TN | 38103 | $30,000 | REAL ESTATE | |
| INTERACTIVE SECURITY ELECTRONICS | ||||||
| 1138 N GERMANTOWN PKWY | CORDOVA | TN | 38106 | $11,895 | SECURITY | |
| PSC OPPORTUNITY FUND | ||||||
| 1017 ARGYLE AVE | NASHVILLE | TN | 38203 | $6,800 | SECURITY | |
| READY SET GROW | ||||||
| 1418 MADISON AVE | MEMPHIS | TN | 38104 | $6,000 | FACADE IMPROVEMENT | |
| WHAREHOUSE STUDIOS | ||||||
| 1063 PEABODY AVE | MEMPHIS | TN | 38104 | $20,000 | FACADE IMPROVEMENT | |
| ADULT TEEN CHALLENGE MEMPHIS | ||||||
| 33 NORTH CLEVELAND AVENUE | MEMPHIS | TN | 38104 | $38,690 | FACADE IMPROVEMENT | |
| SOWETO LLC | ||||||
| 2620 CLARKSVILLE PIKE | NASHVILLE | TN | 37208 | $5,382 | FACADE IMPROVEMENT | |
| CRUMP FOOD MART | ||||||
| 938 EH CRUMP BLVD | MEMPHIS | TN | 38104 | $5,000 | PRE-DEVELOPMENT | |
| RIVER CITY CAPITAL | ||||||
| 119 SOUTH COURT SQUARE | MEMPHIS | TN | 38103 | $25,000 | BUSINESS SUPPORT | |
| CENTER FOR TRANSFORMING COMMUNITIES | ||||||
| 258 N MERTON | MEMPHIS | TN | 38112 | $114,462 | COMMUNITY ENGAGEMENT | |
| MEMPHIS GREENSPACE | ||||||
| 2650 THOUSAND OAKS BOULEVARD STE | MEMPHIS | TN | 38118 | $11,203 | PUBLIC SPACES | 2325 |
| MAJIK & CO | ||||||
| 927 S COX | MEMPHIS | TN | 38104 | $5,000 | BUSINESS SUPPORT | |
| KICKSPINS | ||||||
| 607 MONROE AVENUE BOX B | MEMPHIS | TN | 38103 | $8,000 | BUSINESS SUPPORT | |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | NEIGHBORHOOD GRANTS PROGRAM | GrantTypeTxt |
| Recipient | 3 | RecipientCnt |
| Cash Grant | $43,100 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | AFTER AN APPLICANT IS AWARDED A GRANT, THEY WILL RECEIVE HALF OF THE GRANT MONEY. AFTER THE EVENT, THEY FILL OUT DOCUMENTATION RELATED TO THE EVENT AND ARE AWARDED THE REMAINING BALANCE. IF FOR SOME REASON THE EVENT DOES NOT MEET THE REQUIREMENTS, THE AWARDEE IS TO GIVE THE MONEY THEY RECEIVED BACK TO THE ORGANIZATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS PACELLO | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $159,999 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $6,400 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $4,958 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $171,357 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | AS HEALTH AND HEALTH-EDUCATION ORGANIZATIONS WITHIN THE MEDICAL DISTRICT, ANCHOR PARTNERS MAY ESTABLISH PARTNERSHIPS AND/OR JOINT VENTURES TOGETHER OUTSIDE OF THE WORK OF MMDC. |
| FORM 990, PART VI, SECTION A, LINE 7A | ANCHOR INSTITUTIONS AS DEFINED IN THE BYLAWS CAN DESIGNATE A BOARD MEMBER TO REPRESENT THE INSTITUTION. |
| FORM 990, PART VI, SECTION A, LINE 7A | ANCHOR INSTITUTIONS AS DEFINED IN THE BYLAWS CAN DISIGNATE A BOARD MEMBER TO REPRESENT THE INSITUTION. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY TOMMY PACELLO AFTER IT IS PREPARED AND A REPORT IS SUBMITTED TO THE BOARD OF DIRECTORS WITH ANY COMMENTS OR ISSUES THAT IT BELIEVES SHOULD BE ADDRESSED BY THE BOARD OF DIRECTORS |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY SIGNIFICANT MATTERS, INCLUDING CONTRACTS AND BUSINESS DEALINGS, ARE DISCLOSED TO ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS DURING THEIR REGULAR MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION IS DETERMINED BY INDEPENDENT BOARD MEMBERS. COMPENSATION WAS BENCHMARKED NATIONALLY AND IS SUBJECT TO ANNUAL REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST |
| FORM 990, PART IX, LINE 11G | CONTRACT DESIGN SERVICES: PROGRAM SERVICE EXPENSES 257,251. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 257,251. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 205,739. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 205,739. |
| PART XII, LINE 2C | NO CHANGE FROM PRIOR YEAR |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEDICAL DISTRICT DEVELOPMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 656 MADISON AVE | AddressLine1Txt |
| City | MEMPHIS | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841815180 | EIN |
| Primary Activities | ENGAGE IN REAL ESTATE DEVELOPMENT WITHIN THE MEDICAL DISTRICT COMMUNITY | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $299,955 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MDCDC INC | BusinessNameLine1Txt |